LEGAL REQUIREMENT
Having a valid two-wheeler insurance policy is mandatory by law. It is a legal requirement to ensure that all vehicles on the road have at least basic insurance coverage. Operating a two-wheeler without insurance can lead to penalties, fines, or even the suspension of the vehicle's registration.
THIRD-PARTY LIABILITY COVERAGE
This cover provides compensation in the event of accidental death or disability of the owner/driver resulting from a two-wheeler accident. It helps protect the owner/driver and their family from financial hardships due to loss of income or medical expenses
OWN DAMAGE COVERAGE
This covers damages to the insured vehicle against accidents, theft, fire, natural disasters, vandalism, or other specified perils. Own damage coverage helps cover the cost of repairs or replacement of the insured two-wheeler.
FINANCIAL PROTECTION
Two-wheeler insurance provides financial protection and peace of mind. The insurance coverage ensures that the policyholder can access funds to cover repairs, replacement, medical expenses, or legal liabilities without significant financial strain.
UNFORESEEN EVENTS
Two-wheelers are vulnerable to accidents and damages due to various factors, including road conditions, weather, and the behavior of other road users. Insurance provides financial protection against unforeseen events and mitigates the risk of significant financial losses in case of accidents, theft, or damages.